Oireachtas Joint and Select Committees

Thursday, 13 February 2014

Public Accounts Committee

2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 2 - Government Debt
Chapter 28 - Accounts of the National Treasury Management Agency
Chapter 29 - Clinical Indemnity Scheme
2012 Annual Report and Accounts - National Pensions Reserve Fund

3:00 am

Mr. John Corrigan:

I do not decide my own salary. That is the salary that was decided. The salary when I was appointed was €490,000. It is a big amount of money. It was determined at the time, as I recall, by the Minister of the day by comparison with what chief executives in the banks were earning, given the responsibilities. In monetary terms, taking the assets and liabilities which are managed - if you can add assets and liabilities - we have a total stock of about €320 billion under our stewardship and the cash flow last year through the NTMA was €1.3 trillion. I do not determine my pay. It is determined elsewhere. I think that is all I want to say about it.

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